Smart Solar Segmentation
The smart solar market is segmented by solutions into network monitoring, meter data management, analytics, SCADA, remote metering, and asset management, out of which, the asset management segment is anticipated to hold the largest share in the global smart solar market on account of the increasing technological advancements in the energy sector, and rising roll-outs of smart meters and smart grids in developed nations. Additionally, on the basis of application, the commercial and industrial segment is predicted to grab the largest market share during the forecast period, which can be credited to the high adoption of smart solar systems and increase in electricity production in this sector.
Our in-depth analysis of the global market includes the following segments
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of smart solar is estimated at USD 23.63 billion.
Smart Solar Market size was over USD 20.82 billion in 2024 and is anticipated to cross USD 141.76 billion by 2037, growing at more than 15.9% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is poised to dominate majority revenue share by 2037, propelled by increasing number of smart city initiatives, growing support of government to use solar energy and rising electricity tariffs in the region.
The major players in the market are ABB Ltd., General Electric Company, Itron Inc., Echelon Corporation, Schneider Electric, Siemens AG, and others.
